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Required information Required 1 Fill in the amounts in the tables below. Note: Indicate the effect of each variance by selecting Favorable or Unfavorable. Select

Required information Required 1
Fill in the amounts in the tables below.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).). Round "Act
Price" to 2 decimal places. Fill in the amounts in the tables below.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None"
(i.e., zero variance).). Round "Actual Price" and "Standard Price" to 2 decimal places. Required 1
Required 3
Fill in the amounts in the tables below.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero var "Standard Price" to 2 decimal places.
\table[[Direct-Labor Rate and Efficiency Variances],[Actual Labor Cost,Projected Labor Cost,Standard Labor Cost],[Actual Hours,x,Actual Rate,Actual Hours,x,Standard Rate,Standard Hours,x,Standard Rate],[,x,,,x,,,x,],[hours used,,per hour,hours used,,per hour,hours allowed,,per hour],[,,,,,,,,],[,,,,,,,,],[,,,,,,,,],[,,,,,,,,],[Direct-labor rate variance,,Direct-labor efficiency variance],[,,,,,,,,],[,,,,,,,,],[,,,Direct-labor variance,,,]]
During June, Danby Company's material purchases amounted to 8,400 pounds at a price of $7.60 per pound. Actual costs
incurred in the production of 2,200 units were as follows:
The standards for one unit of Danby Company's product are as follows:
Direct Labor:
Quantity, 3 hours per unit
Rate, $18.90 per hour
Direct Material:
Quantity, 2 pounds per unit
Price, $7.30 per pound
Required:
Fill in the amounts in the tables below.
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